Rapid Summary
- TCS Delivery Center Launch: Tata Consultancy Services (TCS) is scheduled to start operations from it’s rented building at Rushikonda Hill No. 3 in Visakhapatnam in September 2025, with initial employment of 2,000 staff and an investment of ₹80 crore.
- Infrastructure Progress: Approximately 75% of required work on the Millennium Towers A and B has been completed. The lease rate is ₹29 per sq ft per month, amounting to ₹60,40,120 monthly rent for the allotted office space of 2,08,280 sq ft.Pending works are expected to be finished by September 20, 2025.
- Permanent Campus Plans: TCS aims to eventually shift to a permanent campus following denotification approval for a previously allotted SEZ land covering 21.16 acres at IT Hill No.3 in Visakhapatnam for ₹0.99 paise through government concessions under Andhra Pradesh Industrial Advancement Policy (IDP) 4.0 (2024-29). This facility will involve an investment of ₹1,370 crore and provide employment opportunities for up to 12,000 individuals over time.
- IT Sector Growth Goals: The andhra Pradesh government envisions five lakh new jobs created within the state’s IT sector by the year 2029.
Indian Opinion Analysis
The operational launch of TCS’s delivery center represents both an economic milestone for Visakhapatnam and a strategic step toward diversifying employment opportunities within Andhra Pradesh’s fast-developing IT sector infrastructure base under IDP guidelines. By providing concessional rates and streamlining administrative hurdles such as SEZ land denotifications and subsidy allocations;